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we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is going. fema needs reform. we should be reformed it the last two years, a decade ago, after katrina problems and hopefully we can make progress when we do that. >> thank you very much. we appreciate your time. >>> still to come, france has sent more troops in to mali to fight the war there and the united states promises to help. what is help going to mean for american troops? >>> plus an "outfront" investigation, birth tourism. paying women big money to come to the united states and give birth to new american citizens. >>> and president obama goes it alone on gun control. one senator compares the p
we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is...
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Jan 15, 2013
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i'm very skeptical that it ain't going to happen in tax reform. i saw the '85, '86 tax act. almost none of the ingredients that existed then for that very difficult task exists today. i think there was people on both sides who like to see it. i am very dubious. i think immigration is going to happen. and guns is a toss up right now. but major is absolutely right. that window is those first two years and i think the president knows that. the last part of his first, secretary term will be probably foreign policy essentially. >> rose: al hunt, major garrett, thank you very much. >> thank you. >> rose: we'll be right back with the foreign minister of pakistan. stay with us. hina rabbani qhar is here, i'm pleased to have her here at this table for the first time. welcome. >> thank you. >> rose: you have had for a young woman an extensive experience in government, both in the finance ministry as well as foreign ministry. you are here for what purpose? >> i am here as you know pakistan recently hast year got elect as a peferm nent member of the security council so this month apac s
i'm very skeptical that it ain't going to happen in tax reform. i saw the '85, '86 tax act. almost none of the ingredients that existed then for that very difficult task exists today. i think there was people on both sides who like to see it. i am very dubious. i think immigration is going to happen. and guns is a toss up right now. but major is absolutely right. that window is those first two years and i think the president knows that. the last part of his first, secretary term will be...
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Jan 13, 2013
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congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need for the joint strike fighter. there are tough decisions that have to be made. leadership in the military was difficult. there are things that are made now that will now be made in the future. that is what it takes to get our defense budget under control. in the question of closing loopholes, the president's budget has a number of specifics. we also have provisions that would take away the tax benefits to come to companies that export jobs. we think it is important to have our policy and tax code designed do reflect what we need to do in our economy. for the future, we need to develop new and renewabl
congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need...
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Jan 17, 2013
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by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks actually feel comfortable coming in, and actually supporting. what i mean by that is, like, nra members are actually overwhelmingly in support of a lot of the stuff with the president is doing, and by saying it actually gives them talking points to talk to their friends and family about it, and that's what they're trying to do. >> right. >> and if glen is right and we're moving towards a second term in which the president is going to be more forth rightly liberal and more principled, then this makes sense, right. this is re-establi
by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks...
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Jan 13, 2013
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so where do you see the tax debate going this year? >> maybe nowhere. if they can't agree on something as basic as extending the bush tax cuts for quote/unquote the middle class he's right that $450,000 is not middle class in most people's minds. but if they can't agree on that , they're going to have a tough tough fight and regular order hasn't been the way they've hasn't been the way they've done things anyway.
so where do you see the tax debate going this year? >> maybe nowhere. if they can't agree on something as basic as extending the bush tax cuts for quote/unquote the middle class he's right that $450,000 is not middle class in most people's minds. but if they can't agree on that , they're going to have a tough tough fight and regular order hasn't been the way they've hasn't been the way they've done things anyway.
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Jan 18, 2013
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
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Jan 16, 2013
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we got a whole tax code that actually helps states like new york that have higher taxes because they can take that off their federal income taxes. that has to be part of that as well. but i think we need to do -- certainly helping those in need is probably something we should be doing but if you're not going to spend 80% of the dollars for two years, what's the rush? let's get to the direct needs right now and that's what i think's important. that's why i offered transparency amendment that said let's go see where this money is going. that went on there. i think that's important. fema needs reform. we should have reformed it the last two years. they should have reformed it a decade ago, after the katrina problems. hopefully we can make some progress when we do that. >> thank you very much. we appreciate your time tonight. >>> still to come, france has sent more troops into mali to fight the war there and the united states promises to help. but what is help really going the mean for american troops? >>> plus, an "outfront" investigation. birth tourism. paying women big money to come t
we got a whole tax code that actually helps states like new york that have higher taxes because they can take that off their federal income taxes. that has to be part of that as well. but i think we need to do -- certainly helping those in need is probably something we should be doing but if you're not going to spend 80% of the dollars for two years, what's the rush? let's get to the direct needs right now and that's what i think's important. that's why i offered transparency amendment that...
SFGTV2: San Francisco Government Television
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Jan 19, 2013
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we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to a country that has helped to make you what you are. steve jobs -- we had a tough column in the last issue. it was tough not about apple labor practices in china. here you had a man of great wealth was talking about cutting taxes and never really gave of his philanthropic wealth. poor bill gates, he gets nailed for being so square. you can disagree with some things. but
we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of...
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we place upon them this complex tax rebuilding csm we really have a plcy that at its foundation is we go into a country attack it, conquer it in the manner that the superior technology and our fighting forces, and then stay there and knit it back together? isn't that asking too much from these guys? >> i don't think so. they do what has to be done. you only fight to achieve an end. if you think about world war ii. everybody likes world war ii because it seems neat and clean and we won and it was over. i wasn't that way in reality. essentially counter insurgency was performed for a decade. the marshall plan was nothing more than helping europe regrow so that it would be protected against the growth of extremism and things. in reality, soldiers are natural people to help bind things back together. you fight when you have to but you solve the problem wherever you can. >> jon: can you stick around for a little bit? we'll go to
we place upon them this complex tax rebuilding csm we really have a plcy that at its foundation is we go into a country attack it, conquer it in the manner that the superior technology and our fighting forces, and then stay there and knit it back together? isn't that asking too much from these guys? >> i don't think so. they do what has to be done. you only fight to achieve an end. if you think about world war ii. everybody likes world war ii because it seems neat and clean and we won and...
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Jan 14, 2013
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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where do you see the tax break going this year? >> may be nowhere. $450,000 is not middle-class in most people's minds. they're going to have a tough fight. regular order has not been it would have done things anyway. regular order, -- is not the way that they have done things and do it. but it has taken to get anything done is these deadlines. -- what it has taken to get anything done is these headlines. headlines.
where do you see the tax break going this year? >> may be nowhere. $450,000 is not middle-class in most people's minds. they're going to have a tough fight. regular order has not been it would have done things anyway. regular order, -- is not the way that they have done things and do it. but it has taken to get anything done is these deadlines. -- what it has taken to get anything done is these headlines. headlines.
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we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we grew at five%. my point is this is not taxes. what is key, let's take murderrive and regalations on businesses, they have increased. if they are paying 33% more for regulations per individual, you are not opening up the line for that star runningback to get through. i understand the simplified tax rate form. but it is focusing on small businesses and giving them the opportunity with trained, skilled workforce, not that much reg iewdle, to burst through the line. that's where the focus should be. >> eric: matt, last word? >> you gotta do something. here's -- once again, when a pre
we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we...
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download free broadcast quality video for your media project tax free media oh god r t dot com. but. play. play play. play.
download free broadcast quality video for your media project tax free media oh god r t dot com. but. play. play play. play.
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self-imposed out costs from society i will cut myself and my board tax my brother understand my one time imaging of the law going to be basically attack the cops of my anger and my frustration the. judge read. well into the tantalum. two of the most violent gangs in u.s. history. it's just all modeled kill or be killed with the colors matching the national flag. but this country uses violence whatever he chooses and then it legitimizes the violence they are made in america on the ati. do we speak your language anything about the will or not a day of. school music programs and documentaries and spanish more matters to you breaking news that.
self-imposed out costs from society i will cut myself and my board tax my brother understand my one time imaging of the law going to be basically attack the cops of my anger and my frustration the. judge read. well into the tantalum. two of the most violent gangs in u.s. history. it's just all modeled kill or be killed with the colors matching the national flag. but this country uses violence whatever he chooses and then it legitimizes the violence they are made in america on the ati. do we...
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Jan 13, 2013
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to they engage supports of a tax of western targets? it is important it defines the relationship with the outside and the attack on civilians. he was never implicated in the global attack that distinguishes him crumb past militants that were. those that took place from barcelona spain and when you did have a local pakistan a militant looking to attack with the teetwo style format. but to my knowledge there were not implicated but it is total speculation. but someone who had told relationship with the high connie network as they discussed relations in 2008 is if the militants engaged the terrorist styled attacks in the heart of kabul. that is the questions the way people thought about these organizations. says the group take operational direction? especially as researchers said don't have the network and access that anand gopal has but be careful with what they say with the taliban and also teetwo. with the insurgent network to create power out of little on the ground force you have to create a myth of yourself with political power with
to they engage supports of a tax of western targets? it is important it defines the relationship with the outside and the attack on civilians. he was never implicated in the global attack that distinguishes him crumb past militants that were. those that took place from barcelona spain and when you did have a local pakistan a militant looking to attack with the teetwo style format. but to my knowledge there were not implicated but it is total speculation. but someone who had told relationship...
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don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
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Jan 13, 2013
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it was a successful operation in military deserves credit but it says there were about 17 major tax from taliban groups, 105 different firefights. this is a contentious issue arguing some of the taliban are attacking pakistan from the other side. maybe this civilization or consolidation of peace has happened to thousand militants have one important factor. the modern history of masai salute -- unless i salute, one man knew fully well that the taliban was after him. those who have taken up a stand and as important as it is it is as important to salute it and appreciate those people who are standing up to him and some of the leading police officers they were killed in one province so they have not been able to defend and if these courageous people stand up to the taliban then it creates a scary scene. i think i have finished with my a eight minutes but leave you with the idea is successful case but the process we don't know how far it can go. ordinary people of this province they had created the space. they have been with of problematic forces the without investment of education they canno
it was a successful operation in military deserves credit but it says there were about 17 major tax from taliban groups, 105 different firefights. this is a contentious issue arguing some of the taliban are attacking pakistan from the other side. maybe this civilization or consolidation of peace has happened to thousand militants have one important factor. the modern history of masai salute -- unless i salute, one man knew fully well that the taliban was after him. those who have taken up a...
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Jan 21, 2013
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because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and show real leadership and be proactive on a big spending cut proposal and medicare put proposal because he doesn't want to go there. why throw the long ball when it comes to gun control but not take a leadership role when it comes to spending cuts? >> well, he is. in the negotiations up to the fiscal cliff, the president put things on the table. $400 billion in medicare cuts. he was talking about change cpi, which -- >> you're talking about more revenue. that's not big enough on medicare cuts according to simpson-bowles and others. >> we have already done $1.7 trillion in cuts. we've done $600 billion in rev
because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and...
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he cut taxes, but he also continued to spend. if you spend without cutting taxes, you are delaying when the taxation takes place. he was not really cutting taxes. he was doing it in a sneaky way rather than a nice way. he was a militant person. he wanted paltry conservative moral values to the respected by government but be imposed in certain ways as well. he used a lot of liberty-based talk. that does not mean he walk that walk. >> what about the assertion the professors look down their nose at libertarians? >> yes, that tends to be the case. i do not think that is such a bad thing. that is something -- that is how people are in general. most people have the following view -- my view is reasonable and other people are either stupid or mean if they disagree with me. stupid or selfish. that is the only reason anyone would disagree with me. that is true of your typical professional who is a left liberal. if they are not left liberal, they are hardcore left. >> why are most professionals -- professors liberal or liberal left? >> i a
he cut taxes, but he also continued to spend. if you spend without cutting taxes, you are delaying when the taxation takes place. he was not really cutting taxes. he was doing it in a sneaky way rather than a nice way. he was a militant person. he wanted paltry conservative moral values to the respected by government but be imposed in certain ways as well. he used a lot of liberty-based talk. that does not mean he walk that walk. >> what about the assertion the professors look down their...
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self-imposed out costs from society i will cut myself am i going to tax my brother you understand my contact immediately. going to be basically attacked the columns of my anger and my frustration. that. duck into the dome. two of the most violent gangs in u.s. history. is just all model killer to kill with the colors matching the national flag. but this country uses violence when it reaches its and it legitimizes the violence they all made in america on the autopsy. claim. player. play . play. play live. play play. play. play. more news today violence is once again flared up if these are the images go for all of that and seeing from the streets of canada. trying to look for racial to rule the day played. and realized. the big picture. please list. the speed. limits good. luck. and. please. wealthy british style. markets. find out what's really happening to the global economy. for a no holds barred global financial headlines kaiser report on a. couple. if you just joined it's a very well welcome aussie life here in moscow the news continues now it's the fortieth anniversary of america
self-imposed out costs from society i will cut myself am i going to tax my brother you understand my contact immediately. going to be basically attacked the columns of my anger and my frustration. that. duck into the dome. two of the most violent gangs in u.s. history. is just all model killer to kill with the colors matching the national flag. but this country uses violence when it reaches its and it legitimizes the violence they all made in america on the autopsy. claim. player. play . play....
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three state, 16% of the taxes. you ask the question: who suffered because of super storm sandy? certainly, our neighbors in new york and new jersey and connecticut suffered the most. but all americans will suffer if this economic engine is not rebuilt. >> reporter: a number of lawmakers have made the point, it is all about the northeast. but tomorrow, it could be a quake in california. it could be tornados in the midwest or a hurricane in florida. so they're suggesting you may want to be careful taking a hard line on disaster relief money, shep. >> shepard: mike emanuel, thank you. veterans are having a hard time getting jobs in many cases. now, a job for every veteran returning who wants one. that, from wal-mart. its u.s. president says they plan to hire more than 100,000 veterans over five years. the program starts on memorial day. he says all vets without a dishonorable disharj are eligible. first lady michelle obama called the decision historic and says she will urge other companies to do the same thing. critics say wal-mart officials are trying to repair the company's image
three state, 16% of the taxes. you ask the question: who suffered because of super storm sandy? certainly, our neighbors in new york and new jersey and connecticut suffered the most. but all americans will suffer if this economic engine is not rebuilt. >> reporter: a number of lawmakers have made the point, it is all about the northeast. but tomorrow, it could be a quake in california. it could be tornados in the midwest or a hurricane in florida. so they're suggesting you may want to be...
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Jan 18, 2013
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of course, scott gave a 1.6 million tax subsidy to colt manufacturing in 2011. is there any logic behind this? >> well, the logic i think is that of they believe the only problem this country has is the millionaires and billionaires don't have enough money. and if we keep stuffing money into their pockets somehow everything will come up roses. that's been their plan from the start. they're pretty explicit about it. no form of corporate welfare that governor scott has been against but if you talk about actually seeing to it that happenky dapped children -- handicapped children can be hope with their families, suddenly there's no money for that. >> john: last week in response to crittism is from you and children, florida launched a so-called enhanced care program which would enlist 28 nurse care coordinators to would, with the families and the nursing homes treating the disabled children. is this close to adequate? 28 people for the whole state of florida? >> no, of course not. we have 20 million people in the state of florida. we have tens of thousands, hundreds
of course, scott gave a 1.6 million tax subsidy to colt manufacturing in 2011. is there any logic behind this? >> well, the logic i think is that of they believe the only problem this country has is the millionaires and billionaires don't have enough money. and if we keep stuffing money into their pockets somehow everything will come up roses. that's been their plan from the start. they're pretty explicit about it. no form of corporate welfare that governor scott has been against but if...
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Jan 13, 2013
01/13
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we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we had to endure makes the tax code more complex. for the sake of simplicity don't you want. >> i want a flat income tax and that makes it simple and fair and everyone to pay the porportion of their income in taxes that gives them the same amount of sn in the game and that would slow down government spending, wow, i am going to taxed for a new program. >> steve will not give you an argument on the flat tax, but the beauty of what is happening in the state level in this country, for all of the messiness that we have in the state level they are getting their act togethe
we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we...
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the in thees -- president obama said this was about taxes, tax, taxes, as you said. yet after what he -- he got what he wanted and declared victory, the deficit's going up $4 trillion under the fiscal cliff. it is not helping the problem the american people are concerned about. we are having more deficit. again because the problem isn't about taxes. it's about spending. republicans have to have campaign communications, strategy, like chinese water torture. it has to be drip, drip, drip. the american people are not dumb. but they need to hear over and over what they already know deep in their hearts. their family can't spend itself rich and the government can't spend itself rich. >> shannon: we will see all of those things coming down the pike, how the public views it and how lawmakers will respond to the problem. always good to see you. happy new year. >> happy new year to you and your viewers. the debate is rapid fire as lawmakers weigh in on deadly weapons and our constitutional rights. >> the likelihood is that they are not going to be able to get a assault weapon
the in thees -- president obama said this was about taxes, tax, taxes, as you said. yet after what he -- he got what he wanted and declared victory, the deficit's going up $4 trillion under the fiscal cliff. it is not helping the problem the american people are concerned about. we are having more deficit. again because the problem isn't about taxes. it's about spending. republicans have to have campaign communications, strategy, like chinese water torture. it has to be drip, drip, drip. the...
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Jan 15, 2013
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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additional spending just last december congress struggled to find a compromise to avoid an automatic tax increase and the implementation of cuts dubbed the fiscal cliff. and at midnight g.m.t. the u.s. treasuries new boss comes under scrutiny and breaking the set with our host abby martin explaining how the media has been distracting attention from the real problems ahead is a brief preview for you. obama's chief of staff jack lew is moving on up and of course the media has been all over the most controversial aspect of his record coming to a dollar bill near you this parody of a signature the treasury secretary's signature you see appears on federal reserve notes dollar bills issued during his tenure here is jack whose signature it really is and here is what jack lew's signature would look like on a dollar bill how you have a court of the corporate media the biggest mr lewis is the signature apparently the most interesting. then they can dredge up as it is handwriting sucks but of course is all just one giant distraction from who he is really so who is jack lew. i could give you never s
additional spending just last december congress struggled to find a compromise to avoid an automatic tax increase and the implementation of cuts dubbed the fiscal cliff. and at midnight g.m.t. the u.s. treasuries new boss comes under scrutiny and breaking the set with our host abby martin explaining how the media has been distracting attention from the real problems ahead is a brief preview for you. obama's chief of staff jack lew is moving on up and of course the media has been all over the...
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...
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Jan 17, 2013
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right now you're taxed up until you make $113,000. let's raise that cap to $150,000. there has been numerous proposals by democrats to do this. and this adds years and years of life to social security. so let's put that on the table and see what the other side comes back with and have that conversation. >> one of the proposals that intrigued me that you have out there is this idea that there needs to be budgeting for natural disaster clean-ups. you come from the state of florida, i'm a floridian. we know all too well, we see what's going on with sandy. those are the first votes you voted oranges which is to spend money on these clean-ups. do you think you can budget this? >> well, when you live here in south florida and you are, you know, live in fear of hurricanes every season, it's definitely in the back of your mind frequently. and is there was a bill that was put forward several years ago by some local south floridan members of congress, a national catastrophic fund. when you look across the country, basically everywhere there is natural disasters from floods and
right now you're taxed up until you make $113,000. let's raise that cap to $150,000. there has been numerous proposals by democrats to do this. and this adds years and years of life to social security. so let's put that on the table and see what the other side comes back with and have that conversation. >> one of the proposals that intrigued me that you have out there is this idea that there needs to be budgeting for natural disaster clean-ups. you come from the state of florida, i'm a...
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i'm not saying that there should be construction or a war tax or anything, but it's not sustainable the way it is right now. one general in the book, who preferred to go on background, didn't use his name, said he hoped that my book would at least help some people understand why we shouldn't go to war so quickly. what it is that is being sacrificed. because he compared this -- this general, you'd know if i told you -- he felt like he were like the romans, hiring legionaires to fight our wars. completely separated. reporting on the wars, not having served, is not a problem because most of what i report on is not groups that i belong to. writing this book has helped me have a greater understanding and not just the differences between a first sergeant and a staff sergeant, or sergeant first class, but also just what it's like to be a soldier. i will never truly understand that but i have a much greater understanding of it. i do think that when our nation goes to war, i think the policymakers do so glibbly but all the debate is glib. flippant, and there's no resemblance to the reality of th
i'm not saying that there should be construction or a war tax or anything, but it's not sustainable the way it is right now. one general in the book, who preferred to go on background, didn't use his name, said he hoped that my book would at least help some people understand why we shouldn't go to war so quickly. what it is that is being sacrificed. because he compared this -- this general, you'd know if i told you -- he felt like he were like the romans, hiring legionaires to fight our wars....
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Jan 16, 2013
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they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around the log jam. but i have to tell you the ideology of the republicans is different than the democrats. they don't mind the inequality. or they believe by giving more money to the most well off that it will trickle down and everyone will get better off. yes, america is facing not a problem but a crisis of governing. if we can't overcome it, then we had deteriorate and no longer be a world leader. >> reporter: it's that serious? and just one question. you reported you had prostate cancer. >> yes. reporter: how are you doing? i'm doing well. ask me in 20 years. >> repor
they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around...
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host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for senator hagel's side. if he says the wrong thing, he could lose his position in the community. it is astonishing to me that people have been so wrong from day one. the people have been wrong. iraq is a disaster with trillions of dollars. afghanistan is a disaster. we do not know what is going on. in syria, the christians are terrified. chuck hagel is reasonable. what did he say that has so destructive -- disrupted it all? he said the jewish lobby intimidate people. to people knowledgeable and aware, this is not an issue. host: this is someone from the republican line. this is slowly an
host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for...
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. a great cup of coffee should be easy as one, two... well, just one. new single serve cafe collections from maxwell house now available for use in the keurig k-cup brewer. always good to the last drop. now available for use in the keurig k-cup brewer. ...so as you can see, geico's custome
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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we shouldn't be giving taxpayer handouts to tax cheats. amendment 40 prohibits the distribution of funds to dead people. a common sense antifraud measure. amendments number 41 and 42 require the department of housing housing and urban development apply existing cost recovery provisions when taxpayer money is used to repair a home. currently hud has the option of applying the standard. my amendment requires hud recover the grant money when the home owner sells the home. this amendments make sure that hud makes their their best effort to recover the full amount of the taxpayer grant, and if the home owner has any profits from the sale of the property. in other words, we'll help you, bit of you profit in the sale of your home, you'll repay the taxpayers. we cannot continue to spend. these amendments protect taxpayers. thank you very much. [inaudible] >> thank you, mr. chairman, and the ranking lady. as members of congress we're stewards of the public treasurery and have an obligation to spend the taxpayers' money wisely. i have an amendment t
we shouldn't be giving taxpayer handouts to tax cheats. amendment 40 prohibits the distribution of funds to dead people. a common sense antifraud measure. amendments number 41 and 42 require the department of housing housing and urban development apply existing cost recovery provisions when taxpayer money is used to repair a home. currently hud has the option of applying the standard. my amendment requires hud recover the grant money when the home owner sells the home. this amendments make sure...
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if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about t
if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american...
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it isn't including the possibility that we develop a tax regimen in this country. but that has to happen and it doesn't include the notion that you and i haven't thought of. a wealthy player that believes in the vision of being a one stop shop for the smaller business companies. the idea that could be considered reasonable. it will be replaced by a smartphone and a tablet that is certainly possible. if you think it is the latter than $11 well, i got to tell you, you should be in dell. this stock isn't going back to $8 and change. but you better wait until it cools down before you buy. as we know, no man's land is a very, very bad place to be. stay with cramer. next straight talk from the keystone state. the moves he is making to keep the state strong. the cud ho report next on cnbc. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 le
it isn't including the possibility that we develop a tax regimen in this country. but that has to happen and it doesn't include the notion that you and i haven't thought of. a wealthy player that believes in the vision of being a one stop shop for the smaller business companies. the idea that could be considered reasonable. it will be replaced by a smartphone and a tablet that is certainly possible. if you think it is the latter than $11 well, i got to tell you, you should be in dell. this...
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, already i'm scheduled to make tax payments and if i'm making tax payments to the federal government for increased taxes on my business i'm not able to buy new equipment, not able to put more men to work and my men's future is less certain, the money i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: capital expenses go down because you don't have the capital to expand the business? >>nator, capital expenditure goes down, and the equipment that american manufacturers rely on to compete in a low wage global environment go away. >> mike: all right. travis, what happens to your business in this coming year? >> we had two huge rollouts and the left-handed model for chord buddy, 20% of people are left-handed and the classical model it's not going to happen. we will not get the breaks that are need today write off that money tax-wise, it's not there anymore. >> mike: new product means you've got to manufacture more, means somebody's got to build it, somebody's got to ship it, somebody's got to sell it, so it's several jobs down th
, already i'm scheduled to make tax payments and if i'm making tax payments to the federal government for increased taxes on my business i'm not able to buy new equipment, not able to put more men to work and my men's future is less certain, the money i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: capital expenses go down because you don't have the capital to expand the business? >>nator, capital expenditure goes down,...
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Jan 16, 2013
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we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats? it seems to be parallel to what's going on in the united states' congress at the same time. >> well, in california through the initiative process, the republicans refused to give me even a two-vote in each of the houses to put my tax. not into effect but before the people or judgment had a statewide election. they wouldn't do it. so i had to go to the people directly through the california initiative. they voted by 55%, saying, yes, raise these taxes and help our schools and help our universities. so that was the way to break the log jam. >> reporter: are you saying that's the
we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats?...